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As announced in the Budget, relief from Corporation Tax for start-up companies in their first three years of trading has been extended to those companies commencing to trade in 2010.

Important changes regarding the Capital Acquisition Tax (CAT) administration system announced in the Finance Act 2010 effective from 14th of June 2010.

EMF - European Microfinance Facility

In the current context of reduced credit supply the new microfinance facility aims to give micro companies easier access to credit.

The Local Government (Charges) Act 2009 introduces a €200 annual charge on non principal private residences, payable by the owners to the local authority in whose area the property concerned is located.

The Work Placement Programme is a Government supported programme that brings employers and the unemployed together for a nine month work experience placement.

The National Employment Rights Authority (NERA) was established on an interim basis by the Government in February 2007. NERA aims to secure compliance with employment rights legislation.